Aldi will be the tenant of the new shopping center planned by PEBB Enterprises again Banyan Development in Port St. Lucie, Fla.
The grocery store will have 19,231 square feet of space on a 71,000-square-foot lot. Shoppes @ Traditional Heart. The project, which covers 15 hectares, already has tenants lined up for 50 percent of the space, according to the developer.
The joint venture did not immediately disclose the asking rent, the length of the lease or the names of the retailers involved in the Aldi lease.
The plan by PEBB Enterprises and Banyan Development will begin construction in February 2023 and open the facility in early 2024. The site is located south of Tradition Parkway and the Interstate 95 interchange near Village Parkway and is intended to serve residents of Mattamy Houses well organized Manderlie the community.
When it opens, customers will be able to visit the 5,800-square-foot Amore Chop House by Kyle G; 5,200-square-foot Harbor Culture, a Spanish restaurant; 1,800-square-foot Tomalty Dental; and a 1,400-square-foot Le Bistro de Paris.
Aldi, the German supermarket chain, has been expanding across the US, and in South Florida in particular, considering its latest 19,637-square-foot lease 7797 W Flagler Street in miami, The Commercial Observer reported in early December.
Aldi again expanded to the Washington, DC, market recentlysigned a 22,050-square-foot lease in Robinson Crossing Shopping Center of 484 Ritchie Highway in Anne Arundel County, Md., and another in Fort Washington earlier this year.
“Our leasing team has done a great job securing a strong grocery anchor and key tenants to serve the Tradition community,” PEBB CEO. Ian Weiner said the statement. “This project so far confirms our belief that this is a good opportunity for retail development given the area’s location and population.”
Mark Hallum can be reached at email@example.com.